Detroit, Michigan

Even though crime rates in Detroit, Michigan is higher than the national average, there are still numerous safe communities in which potential house buyers may settle. The median home listing price in Detroit, according to Realtor.com is $78,000. While median incomes are also on the low side, the average monthly mortgage payment in Motor City is only about 6% of monthly income. This means you'll have a lot of money left over each month for house improvements (for example buying a home warranty plan from a company to ensure these renovations are secure).


Despite having experienced many big setbacks during the last decade, Detroit has been on the mend in recent years. Major corporations such as Quicken Loans, General Motors, and Ally Financial still have their headquarters in Detroit, therefore there are plenty of work prospects. In addition, Apple recently announced plans to create its first North American developer academy in Detroit in collaboration with Michigan State University.

Detroit, Michigan
Detroit, Michigan
Detroit, Michigan
Detroit, Michigan

Top 10 Most Affordable Cities to Buy a House in the US

  1. top 1 Akron, Ohio
  2. top 2 Detroit, Michigan
  3. top 3 Memphis, Tennessee
  4. top 4 Tulsa, Oklahoma
  5. top 5 Baltimore, Maryland
  6. top 6 Tampa, Florida
  7. top 7 Cleveland, Ohio
  8. top 8 Saint Louis, Missouri
  9. top 9 Milwaukee, Wisconsin
  10. top 10 Toledo, Ohio

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